We are witnessing dramatic shift of wealth and the way we make payments. Cryptocurrency is the new future money which is evolving at a very rapid pace. Latest improvement in the crypto world is now we can buy or sell cryptocurrencies using cash through physical Bitcoin ATM.
When it comes to buying crypto using cash, one name is at the forefront and that is CoinFlip Bitcoin ATM.
Just in case, you don’t know about these ATMs, then for your knowledge, Bitcoin ATM is a physical machine installed in business places to allow people buy and sell cryptocurrencies on the go.
Today, I will be listing 5 solid reasons to use CoinFliP Bitcoin ATM to buy and sell cryptocurrencies.
Reasons to Use CoinFlip Bitcoin ATM
1. Reputed Company
CoinFlip is the world’s largest bitcoin ATM operator; featured on large reputed media house like Forbes, Chicago Tribune, Wall Street General, and the like. They have physical machines installed businesses that allow you buy or sell cryptocurrencies on the go.
The company has more than 300K customers and it has installed more than 3000+ Bitcoin ATMs nationwide.
CoinFlip is not limited to Bitcoin ATM, you can also use their other convenient options such as an over-the-counter Trade Desk for instant bank transfer, wire or ACH transactions, and an online option for buying cryptocurrency.
2. Low CoinFlip Bitcoin ATM Fee
CoinFlip Bitcoin ATM fee for the network is $1.99 typically but can increase which is comparatively less than cryptocurrency exchanges.
You can save up to $325 every year in fees if you make only 6 cryptocurrency transactions a year.
With this low fee, you can buy more coins than wasting the amount on unreasonable transaction fee.
On transactions, apart from network fee, CoinFlip also charges 6.9% to up to 12.9% transaction fee which we think should be reduced.
Read: 10 Interesting Bitcoin Facts You Should Know
3. High Daily Bitcoin ATM Limit
Coinflip bitcoin ATM daily buying limit is $900 or more.
And you can buy available cryptocurrencies for as low as $5.
As of now, customers can buy following coins: Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Dogecoin (DOGE), Aave (AAVE), Stellar Lumens (XLM), Chainlink (LINK), USD Coin (USDC), and Dash (DASH), by using Coinflip bitcoin ATM.
And only Bitcoin and Litecoin selling is available through the machines.
4. Easy to Use Bitcoin ATM
The machines are designed in such a way that layman can also use them readily.
Follow the steps below to buy crypto using CoinFlip Bitcoin ATM:
- Just visit nearest CoinFlip Bitcoin ATM machine. Use their official ATM locator service.
- From the screen options, choose a cryptocurrency to buy.
- Then scan your crypto wallet address using your mobile smartphone to receive the coins.
- Make payment by cash, card, or wire transfer.
5. Buy Cryptocurrency Using Cash
To buy crypto using cash, then a Bitcoin ATM machine is one of the best ways. It enables you buy and sell bitcoin via cash, card, or net banking.
Yes, as compared to buying online you pay slightly high fee. But if you are the one who prefers visiting bank branch than doing the banking online then Bitcoin ATM is for you.
Read: 10 Best Cryptocurrency to Invest That Could Exist By 2030
To safely store and take full control on your coins, I strongly suggest you buy a hardware wallet now because it is not safe to keep your cryptocurrency investment on crypto exchanges.
Here are our best Bitcoin hardware wallet recommendations:
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